Arab

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

Swiss reserve hike hits UBS

The reserve requirement will increase from 2.5% to 4% from July 1.
  • Red Sea Fund opens applications for production cycle

    Riyadh, Saudi Arabia - The prestigious Red Sea Fund has thrown open its doors to filmmakers across Arab and African origins, inviting submissions for its Production Cycle. With the launch of Cycle 2 for the year 2024, the Fund is geared up to support feature-length narrative, documentary, and animation projects....
  • 1st Arab long-duration astronaut mission to launch on Feb 26

    Key mission information, such as the launch time and launch opportunities, was announced during the NASA Crew-6 mission overview media briefing.
  • Arab states boycott meeting hosted by Libya’s unity government

    The snub underlines Arab divisions over the Tripoli-based government, whose legitimacy is contested by a rival administration in the war-torn country's east. Regional heavyweights Egypt, Saudi Arabia and the United Arab Emirates were not represented at all at the gathering -- a preparatory session ahead of a foreign ministers' meeting in...
  • Muslim world condemns burning of copy of Quran in Swedish capital

    Secretary-General of the GCC Dr. Naif Falah Mubarak Al-Hajraf has warned that the act would inflame and provoke Muslims around the world. He said the GCC stood for the importance of spreading the values of tolerance and rejecting extremism.
  • Doha Port receives Costa Toscana, marking start of cruise season

    Doha, Qatar--Doha Port has received the Italian cruise ship Costa Toscana of Costa Cruises, as part of the cruise's first tour in the Arabian Gulf region. The cruise ship has a capacity of about 6,500 visitors, and features a water park, 13 swimming pools and hot tubs, 13 restaurants and...
  • ASBU president calls for upgrading of digital content industry

    Tunis, Tunisia--The President of Arab States Broadcasting Union (ASBU) and CEO of Saudi Broadcasting Authority Mohammed bin Fahd Al-Harthi has called on media institutions in the Arab countries to develop and keep pace with changes by upgrading the local digital content industry to global standards. Speaking on the sidelines of...
  • Iran and Iraq spar over naming of soccer event as Arabian Gulf

    Tehran, Iran -- Iran has protested to Iraq over the use of the name "Arabian Gulf" for a regional football competition held in the neighboring country, state media reported Wednesday. The Islamic republic insists the body of water should be called the "Persian Gulf" and has repeatedly raised the issue with...
  • UAE remains the most innovative Arab economy

    The Global Innovation Index ranks the countries on 81 indicators across seven categories, including Business Sophistication, Infrastructure and Technology Outputs among others.
  • Market cap of Arab bourses hits US$4trn at end of 2022

    Abu Dhabi, UAE--The market cap of Arab stock exchanges has vaulted to $4 trillion by the end of 2022, according to the Arab Monetary Fund (AMF). The AMF said in a statement that the market value of the Abu Dhabi Securities Exchange reached $714.6 billion in the reference year, while...
  • Arab-Israeli released after 40-year prison term for killing soldier

    With a black and white keffiyeh around his shoulders, 64-year-old Younis was met by a crowd singing the Palestinian national anthem in Ara in northern Israel. "Every prisoner's story is the story of an entire people and I am proud to be one of those who sacrificed for Palestine," said...
  • Palestinians mull next moves after Israel minister’s Al-Aqsa visit

    Hours after Ben-Gvir's appearance at the sensitive site, Hamas and other militant groups held emergency meetings to discuss a "proportionate" response, sources within the movement told AFP. Overnight a single rocket was fired from Gaza, though it failed to cross into Israeli territory and the launch went unclaimed by any...
  • UAE tops Arab world in exports worth US$142.5bn in 2021

    Abu Dhabi--The UAE ranked first in the Arab world in terms of the value of manufactured exports in 2021, with a total value of $142.5 billion, according to the Arab Monetary Fund (AMF). According to the AMF's Joint Arab Economic Report, the UAE's manufacturing industry exports account for 43.9 percent...
  • Jerusalem named Permanent Arab Media Capital at info ministers meet

    Tripoli, Libya- -The Council of Arab Information Ministers chose the city of Jerusalem as the permanent capital of Arab media, in an affirmation of the centrality of the Palestinian cause, and in appreciation of the emotional status and the special historical and legal character of this holy city, media reports...
  • Morocco to deploy football World Cup exploits to make diplomatic gains

    Rabat, Morocco--Morocco is hoping its unprecedented World Cup exploits can help it win friends and influence people, especially among an Arab public opposed to its 2020 rapprochement with Israel. Support for the Atlas Lions surged as they battled their way to the semi-final of the football World Cup in Qatar --...
  • Morocco World Cup team arrives home to heroes’ welcome

    The team and their coach Walid Regragui waved from an open-topped bus as they were driven from the airport and around central Rabat, accompanied by dozens of police cars and motorbikes with flashing lights and wailing sirens. "I'm so proud of our team. Who knows -- maybe next time they...
  • Off a highway, Israel Bedouins rejoice in horse racing

    More than 260,000 Bedouins in Israel are part of the country's Arab minority, which is roughly a fifth of its 9.3 million population.
  • Riyadh summits bring in fresh hopes, opportunities as region sees China as ‘growth engine of global economy’

    While a UAE official in Beijing calls the China-Arab summit a key milestone in the history of relations between the two peoples, Palestine hails its outcomes as 'beyond expectations'
  • Arab leaders adopt plan for 2023-2027 to push GCC-China partnership

    "China will continue to firmly support the GCC countries in maintaining their own security... and build a collective security framework for the Gulf," Chinese President Xi said at the start of the China-GCC summit.
  • Xi Jinping meets Saudi Arabia’s crown prince on high-stakes visit

    About $30 billion in agreements will be signed on Thursday, Saudi state media said, as China seeks to shore up its Covid-hit economy and as the Saudis, long-term US allies, push to diversify their economic and political alliances.
  • Morocco, the last Arab nation left standing, reach World Cup quarters

    Achraf Hakimi struck the decisive penalty to send Spain crashing out and Morocco into the World Cup quarter-finals for the first time, winning 3-0 in a shoot-out on Tuesday after a 0-0 draw.
  • Qatar’s Dr cool says air conditioned marathon possible in Gulf state

    There are already air-conditioned streets in the Katara cultural district and Qatar has a 1.1 kilometer air-conditioned jogging track in one city park. Media reports have said an Olympic marathon could also be specially cooled.
  • UAE moon rover launch put off, to run more ‘pre-flight checks’

    Dubai, UAE— The UAE’s moon rover launch has been delayed by one day in order to run more pre-flight checks, according to a statement released by SpaceX. Rashid Rover, the Arab world’s first lunar mission, is now scheduled to launch at 8:37 a.m. (GMT) on Thursday, Dec.1, from Cape Canaveral...
  • Qatar steps up diplomatic, media offensive against rights criticism

    In an interview with AFP, Qatar's Labor Minister Ali bin Samikh Al Marri said "racism" was behind the onslaught on his country's record. "They don't want to allow a small country, an Arab country, an Islamic country, to organize the World Cup," he said.
  • Handshakes, coffee cups: Qatar etiquette essentials

    Here are some of the cultural conventions football fans should know when visiting the emirate, which, like other Arab nations, prides itself on its hospitality.
  • S&P says GCC economies to get a boost from Qatar World Cup

    Dubai, UAE—  The economies of the Gulf Cooperation Council will likely receive a boost from the FIFA 2022 World Cup, as more than 1.2 million fans are expected to attend the event. According to a survey conducted by S&P Ratings, the influx of football fans from around the world will...
  • UAE, Jordan ministers discuss global, regional issues

    Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi met with UAE Minister of Foreign Affairs and International Cooperation, Sheikh Abdullah bin Zayed Al Nahyan.
  • Algeria hosts first Arab summit since Israel normalization deals

    Algeria mediated a reconciliation deal in October between rival Palestinian factions Fatah and Hamas. While few believe the deal will last, it was seen as a public relations coup for Algeria, which has been seeking an enhanced regional and international role, on the back of its growing status as a...
  • Jordan to host renewable energy investment forum

    AMMAN, JORDAN - Amman is scheduled to host the Seventh International Investment Forum for Renewable Energy and Energy Efficiency in MENA on Sunday, organized by the Arab Renewable Energy Commission(AREC), with Arab and international participation. In a statement Saturday, AREC's Secretary-General, Mohammed Taani, said the forum will discuss over three...
  • S. Korea, Arab nations to hold new round of FTA talks

    SEOUL, S. KOREA - South Korea and a group of Arab countries will hold another round of negotiations for their free trade deal next week, Seoul's trade ministry said Sunday. South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free...
  • Forum to discuss state of translation in Arab world at Cairo varsity

    Riyadh, Saudi Arabia--The 10th Scientific Forum of translation themed “Time Differences between Composition and Translation in the Arab World” will begin tomorrow at Cairo University. The forum is being held on the occasion of the awarding ceremony of the King Abdullah bin Abdulaziz International Prize for Translation. It aims to...
  • Qatar denounce ‘smear campaigns’ against its human rights record

    European newspapers and rights groups have put a spotlight on Qatar's record in the runup to the tournament that starts November 20 and is expected to attract more than one million fans.
  • After long renovation, Qatar reopens Museum of Islamic Art

    Looking to showcase Islamic culture and art and history, Qatar has unveiled its landmark Museum of Islamic Art after an 18-month renovation ahead of the World Cup. The five-story building has redesigned its collections, with some two-thirds of the thousand exhibits new to the museum.
  • Qatar wealthiest, UAE happiest in Arab world

    The world's richest countries have the highest happiness scores, which probably explains why Lebanon, facing its worst-ever economic crisis, ranks low in the MENA region.
  • Arab Parliament reelects Al-Asoumi as speaker for two years

    During the session, Jordanian MP Khalil Attia was elected as second deputy speaker of the parliament, Iraqi MP Shaalan Abdul-Jabbar Al-Karim as third deputy speaker, and Egyptian MP Alaa Abed as fourth deputy speaker.
  • UAE’s mobile internet fastest in Arab world

    According to the Digital Quality of Life Index by VPN provider Surfshark, Denmark has the best digital quality of life in the world.
  • Arab youth prefer UAE over home country to live, work

    Key attractions in the UAE include economy, secure environment, rewarding salary packages, a wide range of job opportunities, and the wise leadership, says a survey.
  • Arab democratization slides further in 2021

    Tunisia, the only democracy to remain a democracy after the Arab Spring, may turn authoritarian if a draft constitution published recently is approved.
  • UAE solar energy leader in Arab world

    Arab countries are constructing solar and wind energy plants with a total capacity of 73.4 gigatons, which is nearly five times the region's current renewable energy production.
  • Qatar private sector exports up 21 percent in second quarter: Chamber

    Qatar’s private sector exports during the second quarter of 2022 amounted to QAR 8.92 billion ($2.44 billion), a 21 percent growth on annual basis compared to QAR 7.73 billion in Q2-2021, said Qatar Chamber in its quarterly report. On a quarterly basis, it also surged 15.4 percent compared to QR...
  • UAE meets 42% of Japan’s crude oil needs in July

    Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries.
  • UAE Arab world’s best paymaster

    The lowest average monthly salary is paid in Sri Lanka (US$143.62) and the highest in Switzerland (US$6142.1), according to a latest survey.
  • New type of proton aurora around Mars observed by UAE mission

    Dubai, UAE: The Emirates Mars Mission, the first interplanetary exploration undertaken by an Arab nation, has made first observations of a new type of proton aurora around Mars. The spatially variable ‘patchy’ proton aurora potentially triggers new insights into unexpected behaviors in the Martian atmosphere, an official statement said. The...
  • UAE offers low-risk business climate

    Unstable political conditions in several Arab countries make them high- or extreme-risk places for businesses.
  • India’s Adani becomes world’s third-richest person

    The self-made billionaire has seen his net worth more than double to $137.4 billion in the last year, rising 20 spots on the index to now rank just behind Elon Musk and Jeff Bezos, Bloomberg News reported. Adani, 60, made his fortune in ports and commodities trading and now operates...
  • Qatar World Cup to start a day early to allow host play opening game

    The opening match is scheduled to be held at the 60,000-capacity Al Bayt stadium, one of seven new venues purpose-built for the tournament since Qatar was awarded the World Cup in 2010.
  • Dubai most transparent Arab real estate market

    The emirate was ranked 31st in the world on the Global Real Estate Transparency Index 2022, which is based on a global survey.
  • Egyptian pound plunges to near all-time low as inflation surge

    In late March, inflation-hit Egypt also devalued its currency, which lost around 18 percent of its value overnight.
  • Iraq seeks to boost relations with Algeria in multiple sectors

    Prime Minister Mustafa Al-Kadhimi affirmed Saturday Iraq aspires to strengthen the relations with Algeria in various fields. "PM Al-Kadhimi received the Minister of Foreign Affairs of the People's Democratic Republic of Algeria, Ramtane Lamamra, and the accompanying delegation," local media reported. They discussed bilateral relations between the two nations, including...
  • Global medical and recovery tourism worth $100bn annually: Official

    The revenues of the medical and recovery tourism, globally, is around $100 billion annually, said Bandar Al Fihaid, President of the Arab Tourism Organization (ATO). He noted the revenue is expected to double over the next 10 years, while saying the Arab tourists expenditure amounts to nearly $30 billion. It indicates...
  • Biden to focus on oil at summit with Arab leaders in Jeddah

    US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia, the final stop of his Middle East tour. The meeting in Jeddah will bring together leaders of the six-member Gulf Cooperation Council as well as Egypt, Jordan and...
  • Qatari private exports value surge by 46 percent in Q1 2022

    Qatar Chamber (QC) said in its quarterly report that the export value of private sector in Q1 2022 hiked to QAR 7.7 billion($2.11bn) with a 46 percent growth compared to QAR 5.3 bn($1.46bn) in Q1 2021. The report also mentioned the impact of the certificates of origin on the exports'...